Tata Motors is planning to widen its premium Jaguar cars offering and step up its network in China, which has emerged as the third-largest market for its Land Rover vehicles.
Tata said the company is planning to launch a station wagon, an entry level Jaguar and a new roadster. Also in the works is a new Range Rover sport utility vehicle, while hybrid vehicles will be introduced progressively.
“The current range of vehicles has seen resurgence in demand, and the challenge before the company today is to deliver enough vehicles to meet market demand,” Chairman Ratan Tata said in the company’s annual report.
Tata Motors, India’s biggest truck maker whose products also include the Nano, the world’s cheapest car, bought the UK-based Jaguar and Land Rover brands from Ford Motor Co. in 2008 for $2.3 billion.
Sales of Jaguar Land Rover vehicles in the June quarter rose nearly 60 percent to 57,153 units.
In May, Tata had said it expected to boost sales in China to about 20,000 Land Rovers and 5,000 Jaguars in 2010/11 and also said it would start assembling cars in the country.
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